Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

US DOJ-DEA Clarifies Its Position That Hemp-derived Delta 8 THC Is NOT Illegal – A recent publication by the DEA confirms that delta 8 made from hemp materials is not subject to the Controlled Substances Act.

There has been a great deal of misinformation and misunderstanding about delta 8 THC. Delta8.co, a website publication of TC Distribution, LLC, has obtained a recent September 2021 letter from the US DOJ-DEA regarding delta 8 THC.

Related: Cannabidiol Derived From Hemp Anticipated To See Rapid Growth

Orange Textured Web Designer Business Card 4

In the letter, the DEA has clarified its position on delta 8 THC and other THCs from hemp plant materials, stating the THCs derived, even synthetically, from hemp materials are legal. This directive is welcomed by the industry, as it recognizes the important distinction in how hemp-based THCs can be made – either derived from natural hemp starting materials or from non-hemp starting materials.  From the DEA’s letter:

Delta 8 THC synthetically produced from non-cannabis materials is controlled under the CSA (Controlled Substances Act) as a “tetrahydrocannabinol”.

Related: US CBD Market Report 2020-2024

The CSA, however, excludes from control “tetrahydrocannabinols in hemp (as defined under section 1639of Title 7).” Hemp, in turn, is defined as “the plant Cannabis sativa L. and any part of that plant, including the seeds thereof and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers…”

The significance of this clarification cannot be overstated. For over a year now the Delta 8 industry has operated in a perceived grey area due to confusion over an Interim Final Rule released by the DEA on August 20, 2020 saying synthetic compounds were illegal without ever fully defining the term “synthetic”. This release completely eliminates that grey area and shows that there are two forms of synthetic delta 8 with one being good (derived from hemp – legal) and one being bad (made from non-hemp materials – illegal).

Best Cannabis Stocks

Related: Viewing Hemp in a New Light

There are ultimately two main requirements for a Delta 8 product to be legal under the definition of hemp:

  1. It must be derived from hemp (again, naturally or synthetically produced from cannabis materials is legal; but synthetically produced from non-cannabis materials is illegal).
  2. It may not contain more than 0.3% Delta 9 THC.

There is little industry concern about Delta 8 being made from anything other than hemp, as converting CBD into Delta 8 is known to be the easiest and most cost effective way to create the compound.

However the second piece has proven more challenging. Much of the Delta 8 in the industry appears to be over the 0.3% Delta 9 THC threshold and is relying on labs who cannot properly distinguish between the two compounds in order to get passing tests.

3Chi, the leading delta 8 THC company, recently made a post identifying issues with cannabis labs being unable to distinguish compounds properly on tests, stating that bad methods and poor equipment is causing labs to be unable to identify certain compounds properly.

In an interview with Justin Journay, the Founder, CEO and Chief Scientist of 3Chi, confirmed the post and shared insights regarding the status of the testing industry and their plans to fix issues.  He states, “While 3Chi has always employed some of the most sophisticated lab testing methods available, almost every independent cannabis lab is making mistakes when testing for delta 8 THC. Some are overstating the presence of delta 9 THC and some of the labs are saying there is no delta 9 THC when there actually is.” Journay said further, “As a company that is making compliant delta 8, we want to ensure that labs are performing the correct analysis, and 3Chi will be circulating testing methods to quickly bring all the labs up to speed. Additionally we’ll also be offering our delta 8 oil to the rest of the industry so that we can help get non-compliant oil off the shelves to avoid any potential issues for the industry.”

The letter also, again, confirms that the same exclusion to the CSA applies to Delta 9 THC concentrations below 0.3%.

The DOJ-DEA letter, in its entirety can be found here: DOJ-DEA Letter Regarding Natural Hemp-based THC Materials

SOURCE TC Distribution, LLC

Related Links

https://www.3chi.com

US DOJ-DEA Clarifies Its Position That Hemp-derived Delta 8 THC Is NOT Illegal


Cannin Investment Group: Your Hemp Stocks Experts

Cannin.com is your trusted resource for top hemp stocks. Our team of financial experts evaluates all emerging hemp stock investing opportunities. We aggregate hundreds of hours of market research to provide tips on the best hemp stocks for 2021. 

Use Cannin as your resource for:

Is it too late to invest in hemp stocks? No! This is the perfect time to invest.

Wall Street analysts expect the global cannabis industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in hemp stocks is now. 

Are you interested in the best hemp stocks for 2021 like HempFusion, Inc., Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Are you looking to buy stock in hemp companies or stock in cannabis companies in 2021? Interested in penny hemp stocks? Interested in leveraging the power of algorithmic stock trades to profit from hemp stocks? Looking for the best Canadian cannabis stocks? We can help.

Predict price movements of hemp stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +30% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

At Cannin, we’re so confident you’ll love our algotrading hemp stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best hemp stocks – we’ll show you how at cannin.com.